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Colendi

Colendi

Private

Last Round

Series B

May 22, 2024

Est. Valuation

$700M

Total Funding Raised

$285.5M

Company Overview

Colendi is a financial software company that provides an embedded finance and AI-driven digital banking ecosystem offering services such as credit, savings, investments, and banking.

Sector

FinTech

Verticals

Digital Banking, Lending & Credit, Digital Payments, Credit Scoring, NLP & Conversational AI

Business Model

B2B2C

Customer Profile

Usage-Based SaaS, Payment Processing Fee, Data as a Service, Revenue Share

AI Layer

Application

Keywords

embedded financeBaaSbanking-as-a-servicedigital bankingBNPLbuy now pay latercredit scoringfintech infrastructureAI financial toolsneobankfinancial inclusionAPI platformfraud detectionwhite-label bankingcredit-as-a-service

Historical Pricing

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Caplight Momentum Score

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Colendi Comparables

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Colendi comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Param
81%
Sipay
78%
Turkcell Iletisim Hizmetleri
77%

Colendi Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series BMay 22, 2024
DebtOct 5, 2022
Series ADec 6, 2021
Series ASep 16, 2021
SeedAug 28, 2018

Key People

Founding team and executive leadership

Ali Kursad Bostan

Chief Operating Officer, Chief Financial Officer

Executive Team

Colendi Investors

Notable investors and investment history

Colendi investors
InvestorRounds
Next VenturesSeed
Citi VenturesSeries B
Aslanoba CapitalSeed
Sepna Yatirim Ve Teknoloji HizmetieriSeries B, Series A
Sepil HoldingSeries B
MigrosSeries B
NEXT VENTŪRESDebt, Seed

Market signals

Structured signals derived from secondary market and firmographic data.

  • May 22, 2024

    $65M round led by Citi Ventures.

  • Oct 5, 2022

    $150M round raised with Fibabanka and NEXT VENTŪRES.

Colendi Filings

SEC and related filings with document metadata.

Data table
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Colendi Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersLondon
Employee Range67
Year Founded2018
Last FundingMay 22, 2024

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